Big Lottery Fund Throws £1.3M Behind Game-Changing Housing Scheme
Six groundbreaking pilot projects have bagged over £1.3 million to tackle two pressing issues: affordable housing for young people and independent living for older folks. One lucky winner? The Isle of Wight, joining the UK’s first national home-sharing initiative – Homeshare, backed by the Big Lottery Fund and Lloyds Bank Foundation.
Younger Brits Get Affordable Roofs
Homeshare pairs up young adults hunting for cheap digs with older residents who have a spare room and a bit of loneliness to spare. The deal? Youngsters offer around 10 hours a week of companionship and light household help in exchange for a place to live. It’s a win-win with financial, emotional, and practical perks for both sides.
Tailored Projects to Suit Local Needs
Each pilot is shaped by local partners to fit their community’s unique needs. The scheme supports a diverse bunch: students, young care leavers, low earners, people with disabilities, and weekday workers all get a leg up.
The initial pilots aim to prove that this smart, sustainable model can revolutionise housing and community support across the UK.
